Posted by Morpheus61 > 2020-12-13 13:36 | Report Abuse

WOW !!!

101 Mllion Shares Net Short Sold as of Friday Closing ?

JP Morgue is definitely cadaver

https://www.bursamalaysia.com/misc/missftp/sblnt/NetShortPosition20201211.pdf

Posted by stockraider > 2020-12-13 13:37 |

Post removed.Why?

Posted by wbwanabe > 2020-12-13 14:02 | Report Abuse

TG net short position means the funds that sold them will need to buy TG back to cover their earlier selling. By flooding the market with negative news, they hope to bring down TG price in order to buy them back on the cheap side. The reality is Covid may be here for a long long time with no proven vaccine. You can see the number of infections getting higher everyday, more Msia companies are venturing into gloves and even other countries such as Japan, Germany and US are trying to set up their own glove factories? Why? If Covid is going to be eliminated, why set up new factories? These factories will take years to built and they can never beat the big 4 in pricing due to economic of scales and logistic pricing of raw materials. Hence TG would remains as a global glove taikor.

The big boss has been buying via SBB and his personal investment holdings. Why? One reason is because of HongKong listing. They would need to take TG Msia shares to be listed in TG HK. The advantage to you as shareholder is this will reduce the numbers of Msia shares and in the process increasing its EPS. Another probable reason could be as one who has been in this industry for decades, TS knows what is in store for the company in terms of future revenues and profit. So why not spend it by buying his own company shares since he trust the return would astronomical?. That is one of the reason Tropicana bought TG shares as well. So why should you sell your holdings when the big boss himself gave you the signal to buy?

Posted by Morpheus61 > 2020-12-13 14:17 | Report Abuse

https://news.bitcoin.com/after-the-boss-calls-bitcoin-a-fraud-jp-morgan-buys-the-dip/

JP Morgan Boss calls Bitcoin a Fraud and then buys on the dip :)

Posted by LaoTzeAhSir > 2020-12-13 18:35 | Report Abuse

stockraider you;re noisy as fk.

Posted by Sales > 2020-12-13 20:22 | Report Abuse

Before pandemic all the glove already doing very good. Why worry about pandemic or not?

Posted by vinc3362 > 2020-12-13 21:45 | Report Abuse

Good article. If next few days glove stocks didn't go down much after JP Morgan downgrade, bottom is confirmed. Time to get back into glove stocks.

Posted by Addy > 2020-12-14 00:32 | Report Abuse

手套喜忧参半
https://www.youtube.com/watch?v=KWqLnnXazdw

Posted by Goldgent > 2020-12-14 01:09 | Report Abuse

八度空间华语新闻时事: 外媒: 揭顶级手套违防疫规定 吹哨员工惨遭工厂开除
https://www.youtube.com/watch?v=KfPbv4rjnmU
Astro 本地圈: 2020年经历犹如过山车 顶级手套喜忧参半
https://www.youtube.com/watch?v=KWqLnnXazdw

Posted by PureBULL ... > 2020-12-14 05:21 | Report Abuse

Posted by PureBULL ... > Dec 12, 2020 1:33 PM | Report Abuse X

Its DEVILS' day. all of them r so so happy.

The biggest enemies of glove stocks have been revealed, the big timer SHORTISTS who sold high prices much earlier.
They used 2 devil.analists to write with pure objective to short n damage all Big 4 glove stocks of msia, by calling for half price target from edi a depressed price level now.

My read : The entire short.thesis is to help the SHORTISTS to cover their position next week onwards. It means Giant buyers of glove stocks r coming, before TG declares DIVIDEND of 16.5 sen on Dec 24th. if not the SHORTISTS must pay 16.5 sen a share to the lenders of SBL agreement after ex date.

Hold tight, never let them GRAB your tickets.

+++++++++++++++++++++++++++++++++++++++++++++++
they make used of jpm's big balls to throw to all the big 4 glove stocks. it must cause damage to the stock prices on this MONDAY immediately with this last straw.

after that NO more effect, perhaps even by 2nd session of Mon, all gloves could fly high leading to the big short squeeze ...
NB: SHORTISTS always lose BIG money shorting growth stocks with increasing QR PAT. It will happen this time to short our glove stocks, the pride of msia.

See how wonderful this stock is:
https://klse.i3investor.com/servlets/stk/annqtyres/7113.jsp

Posted by goldenluck16 > 2020-12-14 05:29 | Report Abuse

The retail investors should stay united against the manipulators who short the glove counters everyday to save themselves from the massive losses when the CWs expire.Keep for the longer term.. Be strong we will overcome their modus operandi..

Posted by super168 > 2020-12-14 08:39 | Report Abuse

My unravelling plot. Detective stories. Some crook instigating workers to report. Reporters , Morgan Stanley, haters intensifying bad reports. See drama further to unravel mystery. New drama to watch. Who will be the bad guys. But if drop, I will find money to buy.

Posted by lextcs > 2020-12-14 16:03 | Report Abuse

this is the beginning of the waterfall...it will be endless selling....run for your money...

Posted by dusti > 2020-12-14 16:36 | Report Abuse

ONCE IN A WHILE A FOREIGN “EXPERT” OF EVERYTHING COMES ALONG AND SAY SOMETHING NEGATIVE, AND MALAYSIAN INVESTORS, PARTICULARLY THOSE IN GLOVES PANIC. SHARE PRICE DROP AND SPONGE UP BY THOSE EXPERTS OR THEIR FRENS. ALL THESE IN THE FACE OF WORSENING PANDEMIC. SHOULDNT SOMETHING POSITIVE BE OFFERED? MAYBE THE VIRUS WILL GET OFFENDED BY THE TWISTING AND GO AFTER THEM?